Hammer Ltd. and Grace Ltd. propose to amalgamate. The Balance Sheets of Hammer Ltd. and Grace Ltd.
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Hammer Ltd. and Grace Ltd. propose to amalgamate. The Balance Sheets of Hammer Ltd. and Grace Ltd. as on 31st December, 2015 are given below:
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Balance Sheets of Hammer Ltd. and Grace Ltd. as at 31st December, 2015 Hammer Ltd. I. EQUITY AND LIABILITIES (1) Shareholders' Funds: (a) Share Capital (b) Reserves and Surplus - General Reserve Particulars (1) (a) Trade Payables TOTAL (2) Share Application Money Pending Allotment : (3) Non-current Liabilities : (4) Current Liabilities: Profit and Loss Account Note No. (2) (3) 5,00,000 2,00,000 1,00,000 1,00,000 9,00,000 Grace Ltd. 2,00,000 20,000 30,000 I 50,000 3,00,000
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Related Book For
Corporate Accounting As Per The Companies Act 2013 Including Rules 2014 And 2015
ISBN: 9789352605569
2nd Edition
Authors: M Hanif, A Mukherjee
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